Indexes - all Resources

The rules to which central bankers worked enabled them to be very confident (Alan Greenspan brushed his critics away) and to ignore the wider context (of system stability)   Ms Gillian Tett US Managing Editor and Assistant Editor, The Financial Times Read Ms Tett's notes (and the Discussion of the session in which they appeared) below, or download them here: Read more

"Kennedy, Roosevelt, Gandhi and Churchill all suffered various types of depression, bipolar syndrome or hyperactive manias. But instead of being a handicap, these “problems”, when kept under some control, helped them in crises   Gillian Tett FT Magazine, 12 October 2012 As the political fight heats up in America, there has been endless debate about the character of President Barack Obama and his Republican ch...

“..groupthink and wishful thinking pose the biggest risks in finance, not deliberate malevolence. Investors - and bankers - should read this Princeton research, and stand warned. Gillian Tett ft.com, 22 March 2013 “It’s hard to imagine that any banker close to the mortgage market in 2006 could have failed to spot the excesses; or that anyone repackaging those loans into bonds … “securitising” them… did not s...

“..the problem (of hubris) seems to be so widespread that it raises a bigger question: namely, should investors in funds (or directors of financial institutions) now be looking for a systematic way of spotting this trait? And trying to intervene before it is too late?   Gillian Tett FT magazine 3 October 2014 “Last month, the financial world was shocked to learn that Bill Gross, the legendary investor know...

"As its allure and self-confidence swells, Silicon Valley might repeat some of the political and social mistakes that created the Wall Street boom and bust. Gillian Tett FT.com, 26 March 2015 “Ruth Porat’s move to Google from Morgan Stanley shows where the US economy’s power is going.” A decade ago, when senior bankers tired of Wall Street they usually headed for the golf course, a hedge fund, or public service...

“Organisational silos are bad enough. Even more damaging are silos of the mind - the unexamined assumptions, conventional categorisations and ingrained thought patterns underpinning everyday decision-making. Gillian Tett, senior Financial Times editor Publisher; Simon and Schuster “…no principle is more fundamental to the market economy than the division of labour. “…And yet, as anyone who has ever worked in...

“Hubris has a nasty habit of breeding disaster, particularly when combined with oodles of cheap debt.” Gillian Tett, Ft.com > FT Magazine, 8 April 2016 “...in 1990 the Japanese bubble burst, unleashing a financial crisis. “...so far this year, Chinese companies have bid $100bn for overseas acquisitions, almost as much as they spent in all of 2015 (which was a record). And the fee-hungry American mergers and ...

The Compassionate Mind Foundation are organising a one-day conference named 'International Leadership and Business Conference: How Purpose and Compassion Unlock Positive Impact', held at the De Vere Grand Connaught Rooms in London, on 9 May 2018. "In a world where the old rules of business no longer seem fit for purpose, organisations are looking with some urgency to their leaders for a...

"Vulnerability loops are most powerful in moments of stress..."people either dig in and become defensive, and start justifying, and a lot of tension gets created."" Coyle, D. Daniel Coyle, author Image: United States Department of Defense / Wikimedia Commons "When you think about great leadership, you tend to think ...

"...Hubris Syndrome could be a consequence of deficient decision- making under chronic stress.” A little bit of stress he says is good, probably improves decision-making, but too much will deplete the system.”

The Geoffrey Jefferson Lecture: Neuroscience and Psychology of Hubris Syndrome Speech by the Rt Hon Lord Owen to The Society of British Neurological Surgeons, Spring Meeting, Torquay. F...